Digital Solutions Drive Healthcare by John M. Byrne, CPA/ABV
What the recent pandemic has highlighted are the service gaps that can occur for traditional healthcare sectors. COVID-19 limited access to care, and in response, IT responded. The traditional healthcare service providers are starting to modernize their business model and leveraging digital solutions to enhance the interaction between consumers, payers, and providers. The feasibility and […]
It’s Ok to be a Boring Business by John M. Byrne, CPA/ABV
You may have a gold mine and not realize it. Sure, the start-ups and high-tech companies get a lot of press and attention, but it could be years until they start generating positive cash flows. Meanwhile, your business is showing stability, annual growth, and increasing profits every year, just not on a grand scale. It’s […]
Thoughts on Business Valuation by John M. Byrne, CPA/ABV
When discussing value, there can be a wide range, in this post, I share my thoughts on business valuation. Valuation, in its simplest form, is a function of risk and cash flows. Value is not static. It is responsive to other market forces and is dependent on a specific point in time. Even at a […]
What’s Missing in My Multiple? by John M. Byrne, CPA/ABV
Do you know how buyers value your business? Often they use a shortcut approach and apply a multiple to a metric, such as revenues or EBITDA, also known as Earnings Before Interest, Taxes, Depreciation and Amortization. The result can be either the enterprise value or equity value. When it’s lower than expected, you might ask, […]
Three Ways to Increase Business Value by John M. Byrne, CPA/ABV
You’ve worked hard to build your business and now it’s time to let go. You’ve heard anecdotally that your business should sell between 1.5 to 2.0 times revenues. You start getting excited about enjoying retirement. The first offers come in much lower than expected…………………at only 1.00 times revenues!! How could that be? This blog shows […]
Maximize Value by Reducing Risk by John M. Byrne, CPA/ABV
In its most simplistic form, value is a function of risk and cash flows. Higher risk factors translate into lower enterprise value. Therefore, you are able to maximize value by reducing risk. This article will look at three critical risk factors that could have a significant effect on the value of your business. Key-Man Risk. […]
Benchmarking and Business Value by John M. Byrne, CPA/ABV
How do you know if your business is operating optimally? A comparison of budget to actual results can provide insight. A comparison to the prior year or prior month can also tell a story. Let’s take it one step further and compare your company to your industry peers. Welcome to Benchmarking and Business Value! The […]